convention agreed, page-31

Unsecured?

You wouldn't be offering an extrordinary high return,15%, if you were going to pay them yearly.

If they want a yearly interest payment they can get that else where at 3,4,5% now today .

If they want 15% they have to look it away compounding for five years.
Superannuation funds would jump into this opportunity with a small portion of their funds.

Taking a lead from the people who actually acheived this , look no further than the English Channel People.

From memory two hundred and eighty six in that finance consortium to raise alot more than is required here.

They're not going to get 15% anywhere else.

Cheers EWO.